Macquarie Tax-Free USA Instl (DTFIX)
| Fund Assets | 1.13B |
| Expense Ratio | 0.55% |
| Min. Investment | $0.00 |
| Turnover | 28.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 4.69% |
| Dividend Growth | -0.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.87 |
| YTD Return | -5.60% |
| 1-Year Return | -5.40% |
| 5-Year Return | 0.10% |
| 52-Week Low | 9.73 |
| 52-Week High | 11.03 |
| Beta (5Y) | n/a |
| Holdings | 348 |
| Inception Date | Dec 31, 2008 |
About DTFIX
Macquarie Tax-Free USA Fund Institutional Class is a mutual fund specializing in U.S. municipal debt securities. Its primary objective is to deliver a high level of current interest income that is exempt from federal income tax by investing chiefly in tax-exempt municipal bonds issued by state and local governments across the United States. The fund targets broad diversification across states and sectors, aiming to enhance risk management and reduce exposure to any single municipality or sector. It serves institutional investors seeking federal tax-advantaged fixed income exposure and typically appeals to those needing stable, tax-efficient income. The portfolio is actively managed by an experienced team with deep expertise in municipal securities, leveraging credit analysis to select issues with attractive risk-adjusted yields. In the context of the financial market, this fund plays a significant role for investors seeking to diversify fixed income holdings while mitigating federal tax liability. By focusing on municipal obligations, it supports public infrastructure funding and provides investors access to professionally managed, tax-efficient fixed income solutions.
Performance
DTFIX had a total return of -5.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.27%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
18.02% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR.PRCGEN 0 07.01.2046 | 4.17% |
| GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5% | PR.PRCDEV 7.5 08.20.2040 | 2.38% |
| PUERTO RICO COMWLTH 0% | PR.PRC 11.01.2043 | 1.85% |
| CALIFORNIA EDL FACS AUTH REV 5% | CA.CASEDU 5 05.01.2049 | 1.65% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | PR.PRCGEN 4.75 07.01.2053 | 1.61% |
| GEO L SMITH II GA WORLD CONGRESS CTR AUTH CONVENTION CTR HOTEL REV 4% | GA.GLSFAC 4 01.01.2054 | 1.42% |
| NEW YORK CNTYS TOB TR V 0% | NY.NYSGEN 0 06.01.2060 | 1.32% |
| CALIFORNIA HEALTH FACS FING AUTH REV 5% | CA.CASMED 5 11.01.2047 | 1.28% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 4% | OH.BUCGEN 4 06.01.2048 | 1.19% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR.PRCGEN 0 07.01.2051 | 1.13% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.040 | Aug 1, 2025 |
| Jun 30, 2025 | $0.039 | Jul 1, 2025 |
| May 30, 2025 | $0.039 | Jun 2, 2025 |
| Apr 30, 2025 | $0.037 | May 1, 2025 |
| Mar 31, 2025 | $0.039 | Apr 1, 2025 |
| Feb 28, 2025 | $0.035 | Mar 3, 2025 |